ANSWERS: 1
  • In order to sell an invention, an inventor must first get the idea for the invention properly patented. Then, ideally, a prototype of the invention can be made and some of those prototypes can be sold. Once that occurs, proof of those sales can be taken to a manufacturer or distributor to make a deal.

    Getting a Patent

    Often the first thing an inventor does after creating a new product is get patent protection. A patent gives an inventor the right of property by the United States Patent and Trademark Office, with a limit of about 20 years from the date of application, according to the USPTO's website (uspto.gov). A patent gives the holder the legal right to exclude others from making, using or selling the invention in the United States. There are utility, design and plant patents, so be sure to apply for the patent that correctly matches your invention.

    Proving a Need and Getting a Deal

    Once you have a patent, the best way to successfully make money off your invention is to get proof that your idea will sell. Make some prototypes of your invention and sell them. Once you have proven that your invention is something that is wanted and needed by the public, it is much easier to sell your product to a manufacturer or distributor. Too often inventors believe that their own opinion should be enough to sell the invention. What often sells an invention are sales, according to modernmechanix.com.

    Source:

    uspto.gov

    businessweek.com

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